1. Get unlimited access to documents by upgrading to Premium Membership.

Intermediate bank account 2011-04-28

Intermediate bank account

  1. C06964
    An intermediary bank is a financial institution that has a relationship with the destination bank (in this case the supplier bank account you are setting up) which is not a direct correspondent of the source bank (the disbursement bank in AP/Payments), which facilities the funds transfer to the destination